There’s something I’ve taught my kids for years… if you aren’t paying for it, you ARE the product. How did people think Facebook made money?
Facebook is facing a crescendo of questions about how its user data came to be harvested for political purposes as investors continue to take fright at the risk the scandal poses to its business.
Claims by the New York Times and UK media that Cambridge Analytica tried to influence how Americans voted using information improperly gleaned from 50 million Facebook users have already seriously hurt its brand.
The London-based data analysis firm worked on President Donald Trump’s campaign. It has denied the claims and says it did not use Facebook data in the 2016 campaign.